Sunandamedi

Sunandamedi

BUY ABOVE 230.5 FOR A TARGET OF 244. STOP LOSS 218.

Sunandamedi

THIS SCRIP HAD A VERY LONG FALL. THE CHARTS SHOW LEVELS SUPPORT - 180 RESISTANCE - 233 IT APPEARS TO BE IN A TRADING RANGE. IF ONE WANTS TO INVEST, BUY AT 188 LEVELS WITH A TARGET OF 220+ KEEPING STOP LOSS AT 180. CLOSING ABOVE 210 LEVELS, MAKES THE SCRIP BULLISH. OBSERVE THE TREND LINE ANGLES.

Sunandamedi

THERE IS LOT OF INTERESTING OBSERVATIONS IN GRANULES CHART (MARKED BLUE). THERE IS A HAMMER FORMED AT 110 LEVEL ON 4TH APRIL AT THE BOTTOM OF THE FALL. THE SCRIP SHOULD CROSS 121 INITIALLY AND MOVE TOWARDS 130 (T-1) AND 140 (T-2). STOP LOSS CAN BE PLACED AT 105.

Sunandamedi

INFOSYS IS IN A LONG TERM COMPRESSION MODE. ONCE IT CROSSES 778, A LONG TERM TARGET OF 1250 IS IDENTIFIED. BEFORE THAT IT IS OBSERVED THAT IT MAY REACH LEVELS OF 660-686. ALL THE BEST IN YOUR DECISION MAKING.

Sunandamedi

THERE IS AN INTERESTING OBSERVATION ON THE CHARTS. EVERY TIME, SAME SUPPORT PRICE (RS. 308.5) BUT, EACH TIME A NEW HIGH IS OBSERVED FROM THE SUPPORT LINE. SO, WILL REPCO REPEAT THE SAME?? AND REACH THE SUPPORT LINE? MY OBSERVATION OF WEEKLY CHARTS SHOWS OTHERWISE. THE FALL MAY BE UPTO 396.

Sunandamedi

HDFC IS OBSERVED TO PROCEED TO A TARGET OF 2400+. WEEKLY AND MONTHLY CHARTS DO APPEAR STRONG. KEEP THE LEVEL OF 2010 AS STOP LOSS.

Sunandamedi Updated 

Cup & Handle formation is observed. Close above 2108, will reach target of 2252 with a resistance at 2154. Maintain Stoploss at 2020 (or as per your R-R ratio).

Sunandamedi

JAMNA AUTO HAS TARGETS OF 64.3 (T1) / 70 (T2). STOP LOSS PLACE AT 56.

Sunandamedi Updated 

TARGET level of 493 is estimated for Kavri Seeds (which happens to be 50% of the retracement level of earlier fall). Getting support of the 21 deg trend line. Above all the Ichimoku indicator has given a buy signal.

Sunandamedi Updated 

FIBONACCI RETRACEMENT IS AT 62% OF EARLIER BIG DOWNWARD MOVE. AT THE TOP SIDE, THERE IS HUGE RESISTANCE AT THE LVLS OF 1411. FROM THE WEEKLY CHARTS AND ALSO DAILY CHARTS, THERE IS A TENDENCY TOWARDS A PRICE LEVEL OF 1356 AND 1332 (WHICH HAPPENS TO BE THE 50% FIBONACCI LEVEL). FROM 1332 IT SHOULD START MOVING UP.

Sunandamedi Updated 

There are two options being presented by YES BANK. Both the price levels in either direction is identified on the charts. Weekly charts indicate weekness is my observation.

Sunandamedi Updated 

Daily chart shows movement upto 1286 and in the best case scenario 1326. Weekly shows weakness and likelyhood of movement towards 1186 levels. Monthly indicates 1186 and 1150 levels if the 1228 is breached (current month low).

Sunandamedi Updated 

SAUCER FORMED IN 15 MINS. TARGET 2154. MAINTAIN 2095 STOPLOSS.

Sunandamedi

It seems NESTLE is a BTST call with a target of 11200+. Stop loss 10840.

Sunandamedi Updated 

Adani Ent promises to touch a target of 156. A beautiful 45 Deg. angle line may be observed. And, from there it is getting support at 136.6 twice. Stop loss at 132 is kept as the scrip seems mostly operated by very shrewd parties.

Sunandamedi Updated 

ACC seems to be looking lower levels and settle at 1531 price. Short can be entered above 1662 with a stop loss at 1726.

Sunandamedi

Three white soldiers observed which has started retracing from 40% of earlier huge rise. This disturbs me and makes me to infer that there could be reversal upto 167 / 164.8 levels. These are at 50% Fib levels. Stop loss should be maintained.

Sunandamedi Updated 

Target of 1308 expected as the key resistance is crossed and closed with above avg volumes.